Barclays Bank of Kenya Ltd., the country’s third-biggest lender by market value, said it will begin offering a Shariah-compliant asset-finance product for corporates companies to meet growing demand.
The lender, based in Nairobi, has set aside $30 million for the so-called Corporate La Riba Asset Finance product, which offers fixed pricing and repayment periods of up to five years, Chief Executive Officer Adan Mohamed told reporters today in the port city of Mombasa...............................................Full Article: Source